The House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises will turn to Fannie and Freddie this fall.
WORD ON THE STREET: The Veterans Administration (VA) loan-guaranty program is unique in the mortgage lending industry, in that it allows a veteran to obtain [read more]
PERSON OF THE WEEK: On the heels of the passage of the most sweeping financial regulatory reforms in recent history, MortgageOrb caught up with Julia [read more]
REQUIRED READING: Looking back on the roots of the mortgage crisis, it is clear that there were many moving parts and contributory factors that led [read more]
BLOG VIEW: Sometimes, the truly interesting stories are the ones that evolve under the proverbial radar. A case in point involves the Department of [read more]
WORD ON THE STREET: After many months of recession and job losses, the economy is beginning to recover. Though substantial uncertainties remain, we are seeing [read more]
BLOG VIEW: It's hard to believe that the enactment of the nation's most sweeping financial reform legislation in decades could take a backseat to, well, [read more]
REQUIRED READING: The relatively niched world of specialty servicing is set to explode. That is, assuming the transactions that serve as the space's foundation - [read more]
PERSON OF THE WEEK: If anything, this is not a boring time to be an appraiser. This week, MortgageOrb talks with George Demopulos, president and [read more]
BLOG VIEW: Last week, Time magazine offered a headline that caused me to do a double take: "Is Commercial Real Estate Bouncing Back?" Well, that [read more]
Iowa Superintendent of Banking and Chairman of the Conference of State Bank Supervisors Thomas B. Gronstal spoke in favor of the Commercial Real Estate Stabilization [read more]
During a House Financial Services Capital Markets Subcommittee hearing yesterday, Marti Rodamaker, president of Iowa-based First Citizens National Bank, stressed that private mortgage insurance (PMI) [read more]
Citigroup Inc. has agreed to pay the Securities and Exchange Commission (SEC) $75 to settle charges that the bank misled investors about its exposure to [read more]
Seventy-five percent of the nation's largest metropolitan areas posted year-over-year increases in foreclosure activity, even while foreclosure activity decreased in nine of the 10 metros [read more]
Fitch Ratings' U.S. commercial mortgage-backed securities (CMBS) cumulative default rate for its fixed-rate conduit universe stands at 9.48% as of the end of the second [read more]
PHH Mortgage Corp., a subsidiary of PHH Corp., has been added as a lender to Ellie Mae's Encompass360 Select program, which Ellie Mae says provides [read more]
Fifth Third Mortgage Co., a subsidiary of Fifth Third Bank and the 16th largest mortgage originator in the country, reports that it has refinanced more [read more]
San Diego-based Douglas Wilson Cos. (DWC) has formed a small-business division designed to handle a growing number of targeted receiverships of fewer than 100 units [read more]
Infinity Valuation Services (IVS), a West Valley, Utah-based valuation company specializing in distressed properties, is now providing a fully automated property inspection form to support [read more]
A company that deceived consumers with promises it could save their homes from foreclosure will pay $2.4 million to victims as part of a settlement [read more]
Residential Mortgage
